Is Eudora, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Eudora has remained a Seller's Market.
Key Takeaway
Eudora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eudora, GA
How much do homes in Eudora, GA cost?
Median Sold Price
$326,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eudora have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Eudora was $326,000 in May 2024, up 3.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $249.9K | N/A |
| 2 Bedrooms | $259.9K | $350K | +34.7% |
| 3 Bedrooms | $309.9K | $317.9K | +2.6% |
| 4 Bedrooms | $344.6K | $429.9K | +24.8% |
| 5+ Bedrooms | - | $650K | N/A |
Summary: Eudora housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Newton | $293.7K | $308K | +4.9% |
| Eudora | $314K | $326K | +3.8% |
Housing Supply in Eudora, GA
How many homes are available in Eudora, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Eudora real estate market had 33 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Eudora housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eudora, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Eudora in May 2024, up by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Eudora, GA
How long does it take to sell a home in Eudora, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 117 Days | +99.3% |
Summary: Homes in Eudora had an average of 117 days on market in May 2024, up by 99.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eudora has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Eudora; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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